Analysts Have Conflicting Sentiments on These Materials Companies: Kosmos Energy (NYSE: KOS) and Petroleo Brasileiro SA- Petrobras (NYSE: PBR)

Analysts have been eager to weigh in on the Materials sector with new ratings on Kosmos Energy (NYSE: KOS) and Petroleo Brasileiro SA- Petrobras (NYSE: PBR).

Kosmos Energy (NYSE: KOS)

Barclays analyst James Hosie maintained a Hold rating on Kosmos Energy (NYSE: KOS) yesterday and set a price target of $7.25. The company’s shares closed yesterday at $7.04.

Currently, the analyst consensus on Kosmos Energy is Moderate Buy and the average price target is $8.53, representing a 21.2% upside.

In a report issued on May 8, Jefferies also downgraded the stock to Hold with a $7.10 price target.

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Petroleo Brasileiro SA- Petrobras (NYSE: PBR)

Barclays analyst Paul Cheng maintained a Sell rating on Petroleo Brasileiro SA- Petrobras (NYSE: PBR) yesterday and set a price target of $14. The company’s shares closed yesterday at $15.13, close to its 52-week high of $15.21.

According to TipRanks.com, Cheng is a 4-star analyst with an average return of 5.8% and a 56.3% success rate. Cheng covers the Basic Materials sector, focusing on stocks such as Marathon Petroleum Corporation, Hollyfrontier Corp, and Conocophillips.

Petroleo Brasileiro SA- Petrobras has an analyst consensus of Moderate Sell, with a price target consensus of $14.50.

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